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How do existing property taxes not penalize retirees/Grandma, forcing them to move out? If they start owing LVT, they could defer payment until they sell their
by kspaans 10y ago
How do existing property taxes not penalize retirees/Grandma, forcing them to move out? If they start owing LVT, they could defer payment until they sell their property[0]. There are many ways asset-rich, cash-poor people could be accommodated. And I doubt there are that many of them anyway.
0 - http://kaalvtn.blogspot.co.uk/2013/01/a-poor-widow-bogey.html http://kaalvtn.blogspot.co.uk/2013/01/a-poor-widow-bogey.htm...